Home remodeling happens for a lot of reasons. Maybe you’re trying to fix property damage or impress potential buyers when selling your home. Other times, it’s just simply to customize your home to fit your wants and needs. When done right, remodeling should increase the value of your home. Here are some ways home remodeling can add value to your home.
5 Ways Home Remodeling Increases Your Home’s Value
Adds More Space
The most obvious way home remodeling helps with home value is space. Functionality is important. By adding a room or two to your living space, you could make your home a better place to live in. An extra game room, an additional visitor’s room, or even a converted office space can greatly improve the general use of your home. Remodeling your home to fit the current industry styles is always a good idea. Knocking down a wall or two may bring in some much-needed light to brighten up your space, and, of course, opening up your floor plan definitely creates more room.
Increases Energy Efficiency to Save Money
According to the U.S. Department of Energy:
“Heat gain and heat loss through windows are responsible for 25-30% of residential heating and cooling energy use.”
Taking out old and outdated fixtures and adding newer, more energy-efficient ones can instantly add to the value of your home. Remodeling efforts such as replacing your windows with more energy-efficient ones also helps you save money on energy bills. You may also want to consider installing solar panels to help reduce your energy spending. The overall effect could be so worth it in the end.
Improves Curb Appeal
Are you bored with how your home looks? Does it need an update? Does your neighbor’s house make you to feel a little embarrassed about the way yours looks? If your answer is yes, then it may be time to remodel your house to improve its curb appeal.
A few changes here and there can actually bring back the beauty in the house you have always loved. It’s a good idea to consult the services of an expert to help you with your home remodeling, though. Plus, if you plan on selling your home, home remodeling can really up the curb appeal and draw in more potential buyers.
Increases the Potential to Sell
For a lot of people, the motivation for remodeling their home is the ability to get a good asking price when they are ready to sell it. Modern upgrades to the bathrooms, kitchen, and even the basement could be game changers when faced with competitive sellers. Most home buyers avoid houses needing repairs or upgrades before they are able to enjoy it.
The more move-in ready the house, the better for the buyer.
The more move-in ready the house, the better for the buyer. Home remodeling definitely increases the value of your home, as appraisers consider recent updates you have made and value the house accordingly. While looking at remodeling options, it’s always good to consider the increased value each remodeled area would bring to the overall worth of your home.
It is always a good idea to make a house as functional for everyone as possible. If you are getting to that age where retirement seems close or maybe you have loved ones with special needs, having a safe and functional home for them is necessary. Installing features that can aid mobility like rails, ramps, and guards would surely add to the value of your home. Removing bathtubs and replacing them with easy-to-enter showers may be all the change that is needed to accommodate an aging or disabled loved one. You may not have to go house hunting just to meet those needs. It’s simply easier sometimes to just make your home as functional as possible with some updates.
Renovate Your Home with Hestia Home Services
While renovating a home may be nice in terms of the change in paint color, cabinetry, and light fixtures, etc., remodeling your house gives the added advantage of increasing home value. It gives you the opportunity to redesign your space and correct any faults due to wear and tear. Home remodeling is the sure way to go to make design changes. Now that you know some benefits of remodeling your house, it is time to decide which areas of your house will benefit most from a remodeling job. Ask Hestia for our expert advice at 832-871-5577.
How Home Remodeling Adds Value to Your Home | Hestia Home Services – Houston, TX